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UP: Safest U.S. railroad in 2015
Union Pacific (UP) employees set an all-time reportable personal injury rate record in 2015, improving 11% from 2014 to 0.87, making UP the safest Class I railroad in the United…
UP trims capital spending, launches grade crossing evaluation program
Union Pacific on Feb. 5, 2016 announced a 2016 capital plan of approximately $3.75 billion, about $550 million lower than 2015. The plan includes $375 million for Positive Train Control.…
Volume declines impact UP financials
Like all North American railroads, Union Pacific has been experiencing volume declines. As a result, the railroad’s financial performance has suffered, for both fourth-quarter and full-year 2015, as UP reported…
UP: We don’t need another merger. CP: Really?
In remarks at the Midwest Association of Rail Shippers annual meeting on Jan. 13, 2015, Lance M. Fritz, President and CEO of Union Pacific, while declining to comment specifically on…
UP supervisor honored with Patriot Award
California Employer Support of the Guard and Reserve (ESGR), a Department of Defense office (DoD), announced Jan. 4, 2016 that Tracy A. Butler, a supervisor at Union Pacific Railroad (UP)…
Top rail execs to provide industry insights at MARS Winter Meeting
Top executives from three Class I railroads will be speaking at the 246th meeting of the Midwest Association of Rail Shippers (MARS) on Jan. 13–14, 2016, which will be held…
Diesel drop drives down UP quarterly operating ratio
Buffeted by decreases in operating income and revenue and business volumes compared to the prior-year quarter, Union Pacific still managed to post an all-time quarterly record operating ratio of 60.3%…
GATX Corporation, Shedd Aquarium partner on unique boxcar
GATX Corporation, founded 117 years ago in Chicago, is helping to bring awareness to another iconic Chicago institution, John G. Shedd Aquarium. With support from GATX's customer, Packaging Corporation of…
BNSF, Union Pacific move massive frac sand trains
BNSF and Union Pacific have each moved two of the longest and heaviest unit frac sand trains ever seen in North America. BNSF and short line Southwestern Railroad recently delivered…
ARS acquires FreightCar America’s repair and maintenance services business
Appalachian Railcar Services, Inc. (ARS) announced Sept. 30, 2015 that its wholly-owned subsidiary, ARS Nebraska, LLC, has acquired all of FreightCar America, Inc.’s railcar repair and maintenance services business.
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